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Roanoke, IL

Full City Profile · Illinois · Woodford County County

3.3 /5.0
B Good
1,987 Population 2,114/sq mi density
$74,141 Median Income $36,992 per capita
$139,800 Home Value $170,718 Zillow
$1,024 Median Rent 20.7% income on rent
51°F Avg Temperature 275 sunny days/yr
185 Violent Crime/100K 1,112 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$74,141 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$139,800 home value, $1,024/mo rent
F
Safety
1.0 / 5.0
185 violent crimes/100K
C+
Education
3.0 / 5.0
24.5% bachelor's degree or higher

Housing Overview

Median Home Value
$139,800
50% below
US avg: $281,900
Median Rent
$1,024/mo
12% below
US avg: $1,163/mo
Homeownership Rate
79.8%
22% above US avg (65.4%)
Total Housing Units
790
Median year built: 1960

Home Value by Source

Census Median
$139,800
Zillow (ZHVI)
$170,718
Median Sale Price
$64,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.8%
Owner-Occupied
20.2%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,024/mo

Market Indicators (Redfin)

Median Days on Market
2 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$61
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
20.7%
of renters spending 30%+ of income on housing
33% below US avg (31.0%)
Median Year Built
1960
Average age of housing stock: 66 years
Homeownership Rate
79.8%

Complete Housing Data

Home Values

Census Median Value$139,800
Zillow Home Value (ZHVI)$170,718
Median Sale Price$64,900
Price Per Sq Ft$61

Rent

Census Median Rent$1,024
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market2
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$61

Ownership & Stock

Owner-Occupied79.8%
Renter-Occupied20.2%
Homeownership Rate79.8%
Total Housing Units790
Median Year Built1960
Rent Burden20.7%